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as well as the defense team. what was perhaps getting a head line is the amount of discovery, the evidence the government has at this point as it is building its case for trial and discussion of wiretaps. wiretaps were crucial in the conviction of raj rajaratnam from galion and the insider-trading case. in this case wiretaps, no mention of richard lee, vaughn man who is cooperating with the government, who came from another hedge fund, quoted in the indictment as being part of an insider-trading circle, the hedge fund from which he came, denied there is an insider trading circle at their office but the bottom line is we are in the beginning of building the case and the government has to put up or for lack of a better term shut up and what they put up will include those wiretaps. we did get a quick chance to ambush the attorneys as they came out to see if they would explain why stephen cohen has not been charged, how he feels about that, the spirits of the people at sac because that is a term that will be doing business civitan with a lot of people withdrawing money. >> are the spirits of t
sequester budget cuts going, but with a different mix. an increase in defense spending. the president is campaigning around the country for more stimulus spending and the administration says it will not negotiate on raising the debt ceiling. >> we are now arguing about the composition. they want us to build a better future for the american middle class. >> one republican analyst says there is no way they will agree to raising the debt ceiling without more spending limits. >> they are willing to lower their expectations a bit. i think we can have a mini deal this year that raises the debt limit and starts to bring entitlement spending under control, or at least starts to slow the growth. peter: the president takes his budget campaign to chattanooga tomorrow. he will to her and warehouse. it is adding 7000 new jobs in 13 states. adam: thank you. peter barnes in washington, d.c. lori: a u.s. judge has ruled that bernanke should testify in their million-dollar lawsuit. it is rare for a fed chairman to be deposed in a lawsuit. an exception should be made because bernanke has kno
in the fox business right now. the securities and exchange commission and the defense rested their case in the trial of former goldman saks trader. the defense gas is expected to begin shortly, but, again, the prosecution, the fcc has now rested their case. i wanted to bring that breaking news to you right now. we'll keep you posted on how the trial progresses. me liz ha has done a lot of coverage on that one. there's this. treasury secretary jack lew hit the sunday talk show circuit over the weekend standing behind the president on the debate getting republican lawmakers an ultimate may tum ahead of what could be an 11th hour debt show down. >> the president made it clear we cannot negotiate whether or not the president of the united states would default. it was a mistake in 2011 to have the debate. it hurt the economy. i think congress knows they have to deal with this. cheryl: let's bring in the financial ted parrish and fox business' charles payne, and, charles, you know, basically, going back and saying that, you know, there's not going to be no debate, this this is going to be eit
a great familiarity with our foreign policy making apparatus. the state department dollar defense department and all that. having said that, i think mrs. kennedy will do a fine job. the real key is access to the president. if you have access to the president, everything follows. she is a subsidy person, and that is the second real qualification. think she will do quite well. dagen: is this about adjusting to the japanese culture? how difficult is that? >> it is somewhat difficult. japan is different, even asians will say that it is a different place. but you know these are great allies, great friends of the united states. they will go out of their way to try to be helpful to mrs. kennedy or any american ambassador. i think she's going to find it to be one of the greatest experiences of life. i think life will never be the same after it. is just such a varied background that you're dealing with. one minute someone will be talking to you about agriculture in the next about nuclear weapons. japan is so central to american foreign policy in the pacific that it is an intellectually cha
is interesting if the company had not adopt ad poison pill defense to prevent company takeover they may have acquired more. this position has been kept under wrap for two months! back to you. lori: timing is everything, nicole. thank you. >>> call it christmas in july for economists and fed-watchers. we have a pair of better-than-expected economic reports ahead of the fed statement due at the top of the hour. will the data affect the fed's timeline on tapering? no one bettory ask than phillip swagel, professor at the university of the maryland and insider at the treasury department and federal reserve. great to have you back. what is likelihood we get the decision on interest rates at top of the hour, keeping interest rates at ridiculously low levels ongoing but on question of asset purchases that bernanke and company will come out and say we plan to decrease the number and the value of our asset purchases and it will commence in sent, october, very little, right? >> yeah, lori, i still think it is too soon for the fed to do that. today's data are good both on gdp side and adp jobs number b
Search Results 0 to 4 of about 5